Stack's Bowers & Ponterio
January 2023 NYINC Auction 13-16 Jan 2023
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PHILIPPINES. Philippines - Mexico. 8 Reales, ND (1834-37). Manila Mint. Isabel II. PCGS Genuine--Scratch, VF Details, Countermark: VF Details.
KM-Unlisted; Basso-56; PNM#6-127; PNM#16-281; PNM#21-VIII-98; Cacho-IX-CS-044; Gil-5-4-3-III. Countermark: Type VI, crowned Y.II. within circle. Issued by decree of 20 December 1834, suppressed 31 March 1837 (By Decree of 1 February 1836). Countermark applied to the obverse of a 1829-EoMo LF Mexico Republic 8 Reales. Always a collector favorite, this short lived mint only struck coins for only three years and are heavily sought after by enthusiasts. For this mint we have only nine documented examples bearing a Philippines countermark, ten if the 8 Escudos in the Bank of the Philippines collection is included. This wholesome survivor exhibits signs of handling consistent for the grade with relatively smooth surfaces and even wear. Close inspection reveals three small thin shallow scratches on the reverse accounting for the details designation, but have long since toned over matching the rest of the coin. Despite its shortcoming a presentable example of the type that is pleasing to the eye certain to add depth to even advanced collections.
Estimate: $3000 - $5000
KM-Unlisted; Basso-56; PNM#6-127; PNM#16-281; PNM#21-VIII-98; Cacho-IX-CS-044; Gil-5-4-3-III. Countermark: Type VI, crowned Y.II. within circle. Issued by decree of 20 December 1834, suppressed 31 March 1837 (By Decree of 1 February 1836). Countermark applied to the obverse of a 1829-EoMo LF Mexico Republic 8 Reales. Always a collector favorite, this short lived mint only struck coins for only three years and are heavily sought after by enthusiasts. For this mint we have only nine documented examples bearing a Philippines countermark, ten if the 8 Escudos in the Bank of the Philippines collection is included. This wholesome survivor exhibits signs of handling consistent for the grade with relatively smooth surfaces and even wear. Close inspection reveals three small thin shallow scratches on the reverse accounting for the details designation, but have long since toned over matching the rest of the coin. Despite its shortcoming a presentable example of the type that is pleasing to the eye certain to add depth to even advanced collections.
Estimate: $3000 - $5000